Galaxy Entertainment Group Ltd

00027: XHKG (HKG)
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Galaxy Entertainment Earnings: Results in Line; Lowering Valuation on China's Consumption Headwind

Galaxy Entertainment's fourth-quarter gross gaming revenue, or GGR, and adjusted EBITDA increased by 9% and 10%, respectively, from the previous quarter, reaching HKD 11 billion and HKD 3.2 billion. This reflects a sequential improvement in GGR market share to 19.8% from 19.0%.

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